The Andhra Pradesh Cabinet on Tuesday gave its green signal to increase the social pension to Rs 2,750 per month from the existing Rs 2,500. The increased pension will be distributed from January 1, 2023.
According to an official release, an additional expenditure of Rs 130.44 crore per month will be incurred with the increment. There are currently over 62 lakh pensioners in the state and 2.43 lakh new pensioners will be added in the current month.